AMD is consolidating really nicely after making new highs in late January. Surfing the 20 EMA on the daily chart as well. This will be a top focus for me heading into next week.
XBI, the S&Ps Biotech ETF has been ranging nicely just below a major pivot that has acted as resistance for over two years. Bounced off the 20 EMA on the daily and made a beautiful candle on Friday. Anything that happens below $95 must be taken with a grain of salt, but it looks like it wants to breakout and flip that resistance pivot to support.
RBLX has been beatdown relentlessly since the covid top. Now down $100 from the peak, has been trying to break past $48 since October 2022. Now touch the pivot 5 times since then, and with 2 quarters in a row of positive earnings, it's looking increasingly likely it will happen. Made a PEG last earnings, and is now sitting above the major EMAs. Not the best name...
Notice the pattern of 8EMA pinching with 21EMA on 50EMA with higher lows and bouncing off to surge.
NET on the 15-minute chart demonstrates the swing-long trades of this past week. 5-6 entries and 3-4 exits- accumulating a few shares at a time and closing only one at a time to gradually average up. The setup is explained in the chart textboxes. Using TV indicators for line crossing alerts to minimize the effort of time. Trade is still open and following the...
PIVN on the 15-minute chart was trading up against the dominant supertrend from last Thursday. Mid-morning price hit the resistance of the intermediate term mean anchored VWAP and reversed as suggested yesterday by the bearish divergence on the zero-lag MACD. Tomorrow is federal news which could increase general market volatility. I see a short trade...
I just did a little study lately regarding BTC and MSTR. The probability of breaking the lower side of this triangle is a bit higher, which should favor investment in MSTR over BTC. Whether you are buying Bitcoin on a crypto exchange or through one of these (upcoming?) BTC/USD spot ETFs.
SAVE on the 50-minute chart reversed a trend down that started on January 23 which was a continuation of a previous downtrend which corrected. SAVE is in critical condition. There is a merger with JBLU which has been successfully challenged in court. The two airlines have a narrow window in which to file a notice of appeal after which briefing and oral...
PATH is currently pushing into the $26.50 pivot. It broke once but was immediately rejected. The 50 EMA has been acting as support, and this looks like it will only be a matter of time before it breaks out to new highs.
BANK is tracking bank stocks within the NASDAQ. I cannot find if it is market cap weighted or instead an unweighted composite I wanted to check this out to see if the banking sector might reverse and perhaps have some trade candidates based on relative strength or even rising trading volumes. On the 15 chart, BANK's price is in a descending channel or...
Getting into ARM now. Missed the move yesterday. Stops at 102. Will provide more details in next post. Goodluck!
Uniswap lost 50MA and looks good for bearish continuation towards 200MA support. ⚡️⚡️ #UNI/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (4.4X) Amount: 5.0% Current Price: 6.546 Entry Targets: 1) 6.624 Take-Profit Targets: 1) 5.423 Stop Targets: 1) 7.226 Published By: @Zblaba CRYPTOCAP:UNI BYBIT:UNIUSDT.P #Uniswap #DEx...
Algorand seems to be having a pretty decent bounce from the daily 200EMA, which can be a start to a good potential upward movement here. We are looking for those upper target zones as long as we are above 200 EMA; upon breaking the 200 EMA, we will most likely see a sharp movement to the lower zones! Swallow Team
While markets are pushing, Cosmos has also had a nice small push. With push being active, it is now trying to secure the branch of EMAs that is holding the price as of now. This zone will decide the next major movement for the coin. Swallow Team
Another coin that is looking promising is VeChain, where we are looking for a potential breakdown that would result in a nice downward fall in the market price. We are going to look for a breakdown as long as we are below that 200EMA, so keep an eye sharp for this one!! Swallow Team
As Dogecoin is in a "calm before the storm" situation, we are looking here for two potential trades that can be taken: bullish and bearish scenarios. For Bullish scenario we need to break at least that 100EMA which would activate two potential long positions where for Bearish sceanrio we need to close price below 200EMA and secure it fully for a potential 22% of...
Price has come down below the Golden zone and also below the 200 EMA and VWAP on 4hr. Looking for price to head down to the bottom of the Fib for TP. There is also a close of price below the supportive trend line. NOTE: This is not trading advice; trade at your own risk.
Price created some consolidation within the Golden zone. I am watching for price to go long and create a higher high above the VWAP average (pink).. The drive of price from Demand below is expected. Price is also resting upon the 200 EMA at this time. We may experience some more consolidation if price doesn't create the higher high; patience. NOTE: This is...